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Vodafone Germany plans to cut 2,000 jobs and invest in cloud services as part of a €400m cost-saving drive.
Vodafone Germany plans to cut and relocate 2,000 jobs as part of a €400 million ($434 million) cost-saving drive over the next two years.
This move will impact around 13% of the company's 15,000 employees in Germany.
Along with job reductions, Vodafone Germany aims to reduce material and operating costs, focusing on updating outdated IT structures and investing in high-growth areas like cloud services and corporate client business.
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Vodafone Alemania planea eliminar 2.000 puestos de trabajo e invertir en servicios en la nube como parte de una campaña de ahorro de costes de 400 millones de euros.